NOT LISTED FOR SALE

47 Webster St Lynn, MA 01902

Chatham Street Neighborhood

Estimated Value: $741,247 - $914,000

6 Beds
3 Baths
2,868 Sq Ft
$292/Sq Ft Est. Value

Last Sold October 22, 2015

Last sale price $390,000 $136 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $5,038/month

44 Days on Market

About This Home

As of October 2015

Pride of ownership is evident in everything about this turnkey 3 family home in a nice residential neighborhood in Lynn. You have to see it to believe the top quality and the great condition of all the major appliances in all 3 units. The interior of all three units , walls, ceilings, floors, etc. are all very clean and in great shape. House includes a detached two car garage and a nice sized backyard perfect for relaxing or entertaining. Owner will be vacating the first floor unit. The second and third floors and garage are currently being rented out to excellent tenants as tenants at will. If you are in the market for an income producing property where all the work has been done , don't miss out on this one !

Last Agent to Sell the Property

Thomas Lynch

A. James Lynch, Inc. License #454000157 Listed on: 08/10/2015

Last Buyer's Agent

Delia Quintana

Cardinal Realty Group

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,826

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Electric: Circuit Breakers, 100 Amps, Individually Metered
  • Energy: Insulated Windows
  • Flooring: Hardwood
  • Basement: Full, Interior Access

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:096 B:471 L:015
  • Zoning: R3

Multi Family

  • Foundation: Irr
  • Heat Units: 3
  • Total Bedrooms: 6
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 12
  • Total Rent_1: 1950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Oct 22, 2015
Sold by
Mitchell Kenneth T
Bought by
Tallaj Rossanna
Seller's Agent
Thomas Lynch
A. James Lynch, Inc.
Buyer's Agent
Delia Quintana
Cardinal Realty Group
List Price
$399,500
Sold Price
$390,000
Premium/Discount to List
-$9,500
-2.38%
Current Estimated Value
$838,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,062
Avg. Annual Appreciation
7.93%
Original Mortgage
$351,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 1993
Sold by
Butler Warren J
Bought by
Mitchell Kenneth T
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tallaj Rossanna $390,000 --
Mitchell Kenneth T $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Tallaj Rossanna $351,000
Previous Owner Mitchell Kenneth T $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2015 10/22/15 Sold $390,000 -2.4% $136 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $399,500 -- $139 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,826 $755,400 $182,900 $572,500
2024 $7,795 $740,300 $173,800 $566,500
2023 $7,417 $665,200 $158,300 $506,900
2022 $7,342 $590,700 $135,400 $455,300
2021 $7,084 $543,700 $128,100 $415,600
2020 $6,727 $502,000 $119,000 $383,000
2019 $6,442 $450,500 $102,600 $347,900
2018 $5,937 $391,900 $94,900 $297,000
2017 $5,800 $371,800 $88,800 $283,000
2016 $5,312 $328,300 $76,300 $252,000
2015 $4,844 $289,200 $72,500 $216,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Thomas Lynch

    A. James Lynch, Inc.

    Section Image

  • D

    Buyer's Agent in 2015

    Delia Quintana

    Cardinal Realty Group

    (781) 589-8229

    11 Total Sales

    Delia Quintana
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71887008

MLS Property Information Network (MLS PIN)

APN: LYNN-000096-000471-000015

Massachusetts Essex County Lynn 01902 Chatham Street

47 Webster St, Lynn, MA

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